Oil prices fall on persistent fuel supply overhang

By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output. International Brent crude oil futures were trading at $45.74 per barrel at 0445 GMT, down 10 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $44.51 per barrel, down 15 cents, or 0.3 p